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Bowl America Inc's account receivable for the three months ended in Sep. 2016 was $0.19 Mil. Bowl America Inc's revenue for the three months ended in Sep. 2016 was $5.06 Mil. Hence, Bowl America Inc's days sales outstanding for the three months ended in Sep. 2016 was 3.37.
During the past 13 years, Bowl America Inc's highest Days Sales Outstanding was 8.54. The lowest was 0.42. And the median was 4.45.
Bowl America Inc's days sales outstanding increased from Sep. 2015 (1.43) to Sep. 2016 (3.37).
Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Bowl America Inc's Days Sales Outstanding for the fiscal year that ended in Jun. 2016 is calculated as
Bowl America Inc's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Bowl America Inc Annual Data
Bowl America Inc Quarterly Data